In 2024, the pricing strategy for the Lexus RZ takes an interesting turn, defying the prevailing trend of escalating prices in the automotive market. This deviation is attributed to the introduction of a new entry-level variant featuring front-wheel drive, significantly lowering the initial cost of this vehicle.
The 2024 Lexus RZ series debuts with the RZ 300e model, which comes with a price tag of $55,150. This stands in stark contrast to the 2023 RZ, introduced as an electric compact crossover with a starting price of $59,650.
It is worth noting that the 2023 starting price was for the RZ 450e grade, equipped with all-wheel drive. In the 2024 lineup, the RZ 450e is still available, albeit at a slightly higher starting price of $59,850. These prices, inclusive of a $1,150 destination charge, reflect a notable shift in the cost structure of the 2024 Lexus RZ.
The RZ 300e distinguishes itself by featuring a slightly larger battery capacity compared to the RZ 450e, boasting 72.8 kWh versus 71.4 kWh. Furthermore, with a sole motor delivering 201 horsepower to the front wheels, the estimated range for this entry-level grade is significantly improved. According to EPA estimates, the RZ 300e can cover a maximum distance of 266 miles on a single charge, surpassing the 220-mile range of the RZ 450e. The latter, powered by a dual-motor setup, achieves a peak output of 313 horsepower.
Lexus has implemented an innovative approach in the RZ 300e by incorporating a new subframe in the location where the RZ 450e typically houses its rear motor. This addition serves to diminish noise levels and reduce vibrations, enhancing the overall driving experience, as stated by Lexus.
The 2024 model year also brings forth several noteworthy changes. Notably, the Copper Crest color option is now available in both single and two-tone finishes. Additionally, a standard dual-voltage charging cable suitable for both 120-volt and 240-volt outlets is now included.
Underpinning the RZ is the e-TNGA platform, shared with the Toyota BZ4X and the Subaru Solterra. Setting it apart, the RZ offers more power compared to its counterparts, with a peak output of 214 horsepower. Furthermore, Lexus employs a unique tuning approach for its all-wheel-drive system, referred to as Direct4. This system automatically adjusts torque distribution between the axles to optimize both driving dynamics and stability.
Standard features in the RZ encompass 18-inch wheels, a sizable 14.0-inch infotainment screen, an eight-way power-adjustable driver seat, a power-operated tailgate, a heated steering wheel, LED headlights, a panoramic glass roof, a 10-speaker audio system, and wireless compatibility with both Apple CarPlay and Android Auto. For those seeking additional luxury and convenience, options such as a head-up display, a premium 13-speaker Mark Levinson audio system, and larger 20-inch wheels are also available.
Production of the 2024 RZ takes place in Japan, and the vehicle is set to hit the market later in December. This pricing adjustment and the introduction of a front-wheel-drive variant make the 2024 Lexus RZ a compelling option for those seeking an electric compact crossover with a balance of performance, range, and value.
Frequently Asked Questions (FAQs) about 2024 Lexus RZ Pricing
What are the key changes in the 2024 Lexus RZ pricing and lineup?
In 2024, Lexus introduces an entry-level RZ 300e model with front-wheel drive, significantly lowering the starting price to $55,150. The 2023 RZ started at $59,650 with all-wheel drive. The RZ 450e grade remains available for 2024 but starts at $59,850.
What distinguishes the RZ 300e from the RZ 450e?
The RZ 300e features a slightly larger 72.8 kWh battery compared to the RZ 450e’s 71.4 kWh. It is also equipped with a single motor producing 201 hp for the front wheels, resulting in an estimated range of up to 266 miles, surpassing the RZ 450e’s 220-mile range with its dual-motor setup generating 313 hp.
How does the new subframe in the RZ 300e improve the driving experience?
Lexus has incorporated a new subframe in the RZ 300e, typically where the RZ 450e’s rear motor is located. This addition helps reduce noise and vibrations, enhancing the overall comfort and driving experience.
Are there any other notable changes for the 2024 model year?
Yes, for 2024, the Lexus RZ offers the Copper Crest color option in single and two-tone finishes. Additionally, a standard dual-voltage charging cable is now included, compatible with both 120-volt and 240-volt outlets.
What platform does the 2024 Lexus RZ use, and how does it differ from its counterparts?
The 2024 RZ utilizes the e-TNGA platform, shared with the Toyota BZ4X and Subaru Solterra. It distinguishes itself by offering more power, with a peak output of 214 hp, and features a unique tuning for its all-wheel-drive system called Direct4, which optimizes torque distribution for improved driving dynamics and stability.
What are some standard features in the 2024 Lexus RZ?
Standard features include 18-inch wheels, a 14.0-inch infotainment screen, an eight-way power-adjustable driver seat, a power tailgate, a heated steering wheel, LED headlights, a panoramic glass roof, a 10-speaker audio system, and wireless compatibility with Apple CarPlay and Android Auto.
When can customers expect the 2024 Lexus RZ to be available for purchase?
Production of the 2024 RZ takes place in Japan, and the vehicle is set to be available for sale later in December.
More about 2024 Lexus RZ Pricing
- 2024 Lexus RZ Pricing and Features
- Lexus RZ 300e vs. RZ 450e Comparison
- E-TNGA Platform Overview
- Direct4 All-Wheel-Drive System
- 2024 Lexus RZ Availability